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Obama Goes To The Chamber

Yesterday, President Obama addressed the leaders of the U.S. Chamber of Commerce, the influential, ideological right-wing trade association that represents mostly large multi-national corporations. Obama told the assembled executives and corporate lobbyists to “ask yourselves what you can do for America,” not just for company bottom lines. “I want to be clear: Even as we make America the best place on earth to do business, businesses also have a responsibility to America.” Citing a long history of corporate fearmongering about government regulations, Obama made a “robust argument in favor of an active regulatory role for the federal government.” Obama urged the audience of business executives to “get in the game” and spend some of the trillions of dollars corporations have banked in the past year on job creation. “We need to make America the best place on Earth to do business,” the president promised. The Chamber’s top lobbyist, R. Bruce Josten, quickly rejected the President’s promotion of the “social compact” with America’s working families. “Bottom line, the most patriotic thing a company can do is ensure it is in business and take steps to stay in business; otherwise everyone loses and more people lose their jobs.”

THE CHAMBER AND JOBS: Indeed, much of the Chamber’s executive leadership has spent the past few years rewarding themselves with millions of dollars in additional compensation while eliminating American jobs. Trucking manufacturer Navistar Inc., on the chamber’s board, has laid off workers at factories across the country. Meanwhile, the company has enjoyed healthy profits, and Navistar CEO Daniel Ustian increased his total compensation to $8.43 million. As agricultural manufacturer Deere and Co. recorded high profits, the company slashed hundreds of jobs in Illinois, Iowa, and North Dakota. Meanwhile, Deere CEO Samuel Allen was awarded a compensation package in 2010 of $12.29 million. Health insurance company WellPoint, also on the Chamber’s board, has reported record profits and extraordinary executive compensation. In 2009, WellPoint CEO Angela Braly was awarded a 51 percent compensation boost, from $8.7 million in 2008 to $13.1 million. As WellPoint’s trade association secretly transfered $86 million to the Chamber to fight health reform, the company shed thousands of jobs across the nation. Despite bloated rhetoric about the virtues of “free enterprise,” the Chamber demanded taxpayer bailouts for its bank members, billions in taxpayer money for its defense contract members, taxpayer money forcleaning up BP’s oil spill, and preferential tax cuts for its millionaire executives. The Chamber has a history of being singularly focused on boosting short-term profits, not creating American jobs by investing in the future. It has pushed for unfettered free trade deals, sponsored a series of conferences to teach businesses how to outsource jobs to China, and even lobbied against legislation that would have helped create over 1.7 million jobs.

THE CHAMBER AND POLLUTION: In his speech, Obama said American business needs to acknowledge that “not every regulation is bad.” At a Washington, D.C. press conference last week, U.S. Chamber of Commerce officials blasted Obama’s call for a clean energy future built on modern standards. Christopher Guith, vice president for policy at the Chamber’s Institute for 21st Century Energy, said a national clean-energy standard is “ridiculously premature,” even though 25 states have renewable and alternative energy standards. The Institute’s president, former Bush official Karen Harbert, said that the United States should instead allow “increased access to land for oil and gas drilling both onshore and offshore,” drilling a deeper hole with fossil fuel dependence. This opposition to clean-energy job creation on behalf of big oil is nothing new for the U.S. Chamber of Commerce. Throughout the last decade, the Chamber led the opposition to action on climate change, promoting global warming denial. Its history of defending pollution at the expense of the health of the American public and American jobs, however, goes deeper. Just as it is doing now, the Chamber petitioned to weaken the Clean Air Act in 1982, 1990, and 1997. The Chamber has opposed hazardous waste dumping bans, trade sanctions in NAFTA for failure to enforce environmental laws, and the reinstatement of Superfund taxes on toxic polluters. The Chamber’s anti-regulatory campaign is strongly supported by House Republicans. After the President’s speech, House Speaker John Boehner (R-OH) lashed out: “Far from changing tack, his administration is taking steps to protect the job-crushing regulations in its health care and permanent bailout laws, while plotting a backdoor national energy tax.”

THE CHAMBER AND INFRASTRUCTURE: Following the President’s State of the Union address, AFL-CIO President Richard Trumka and Chamber of Commerce President Thomas Donohue issued a rare joint statement supporting “Obama’s call to create jobs and grow the U.S. economy through investment in our nation’s infrastructure.” “Whether it is building roads, bridges, high-speed broadband, energy systems and schools,” they wrote, “these projects not only create jobs and demand for businesses, they are an investment in building the modern infrastructure the country needs to compete in a global economy.” Even with the support of business and labor, the president is going to have an uphill battle putting “more people to work rebuilding crumbling roads, rebuilding our bridges.” Many Republican leaders in Congress are strongly opposed to infrastructure investment. “I understand the goal, but right now this is going to be — anytime you talk about ‘investment’ it means new spending,” Sen. John Thune (R-SD) carped. Rep. Paul Ryan (R-WI), the House Budget Committee chairman, is planning “unimaginably steep reductions of 26 percent to transportation and housing.” The Republican Study Committee, a caucus of 175 House conservatives, “wants to completely de-fund Amtrak and high-speed rail.” Republican governors have killed billions of dollars worth of infrastructure projects in Ohio, Wisconsin, and New Jersey. It remains to be seen whether the heavily right-leaning Chamber will actually fight Republican leadership to invest in America.